Top Page
51 Credit Card Inc.
(Frankfurt:2051)
51 Credit Card Inc. (2051) vs. S&P 500 (SPY)
51 Credit Card Inc. Business Overview & Revenue Model
51 Credit Card Inc. Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 210.28M | 389.44M | 428.93M | 261.73M | 2.03B | Gross Profit |
| 6.40M | 58.40M | 164.12M | -47.23M | 1.07B | EBIT |
| 22.56M | -79.00M | -55.64M | -971.06M | -149.89M | EBITDA |
| 50.44M | -57.02M | -28.39M | -897.47M | -55.81M | Net Income Common Stockholders |
| 11.04M | -82.70M | -233.69M | -1.70B | -1.13B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 377.05M | 408.79M | 352.46M | 451.58M | 1.51B | Total Assets |
| 1.16B | 1.14B | 1.56B | 1.87B | 5.74B | Total Debt |
| 192.35M | 193.05M | 197.09M | 203.86M | 216.31M | Net Debt |
| -377.43M | -183.77M | -116.06M | -208.82M | -1.07B | Total Liabilities |
| 455.40M | 425.28M | 800.47M | 890.15M | 3.19B | Stockholders Equity |
| 725.70M | 712.44M | 765.25M | 969.61M | 2.52B |
| Cash Flow | Free Cash Flow | |||
| 8.27M | 107.97M | -24.70M | -1.13B | 196.41M | Operating Cash Flow |
| 25.77M | 126.38M | -22.89M | -1.13B | 200.46M | Investing Cash Flow |
| -15.35M | -37.00M | -56.49M | 117.10M | 577.92M | Financing Cash Flow |
| -38.95M | -23.60M | -18.24M | 140.78M | -705.37M |
51 Credit Card Inc. Technical Analysis
51 Credit Card Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$2.36T | 17.61 | 11.98% | 0.79% | 3.92% | 27.80% | |
76 Outperform | $1.34T | 50.19 | 13.43% | ― | 32.62% | 32.85% | |
70 Outperform | $846.18B | 21.76 | 22.27% | ― | 19.90% | 157.52% | |
64 Neutral | $12.51B | 9.81 | 7.92% | 16985.69% | 12.67% | -5.98% | |
61 Neutral | HK$17.37B | 26.54 | 2.91% | ― | -1.04% | -85.18% | |
52 Neutral | €402.61M | ― | -7.77% | ― | -1.66% | -604.08% | |
50 Neutral | $15.99B | 91.70 | 0.96% | ― | 1.01% | ― |
51 Credit Card Inc. Corporate Events
51 Credit Card Inc. announced that its subsidiary’s product, the electric folding motorcycle ‘TinyCase,’ won the prestigious iF Gold Award at the iF Design Award Night 2025 in Berlin. This recognition underscores the company’s innovative design capabilities and enhances the promotion of its Vala vehicle business, reflecting its commitment to improving user experience and redefining vehicle lifestyle.
51 Credit Card Inc. announced significant progress in its Vala vehicle business, delivering 99 vehicles in the first quarter of 2025 and receiving 442 total purchase orders. The company is expanding production capacity and optimizing delivery processes to meet demand. A strategic cooperation with Henan Automobile Investment Group aims to enhance Vala’s competitiveness and deepen its presence in the automotive industry. Vala’s unique lifestyle concept has attracted significant attention on social media, with 1.61 million fans and 350 million video views, and the ‘valalife’ WeChat Mini Program has garnered 50,000 registered users.
51 Credit Card Inc. announced its annual results for 2024, revealing a slight increase in revenue but a significant net loss compared to the previous year. The company’s SaaS business experienced notable growth, while its credit facilitation business faced declines due to stringent regulatory policies. Despite these challenges, the company maintained a stable user base for its credit card management and commercial information services.
51 Credit Card Inc. has announced a proposed change of its English name to ‘Vala Inc.’, reflecting its strategic shift towards emerging business sectors and aiming to refresh its corporate image. This change, pending shareholder and regulatory approval, aligns with the company’s future development plans and is intended to benefit its business growth and shareholder interests.
51 Credit Card Inc.’s subsidiary, China Netcom Technology Holdings Limited, reported its annual financial results for the year ending December 31, 2024. The company saw an increase in consolidated revenue from continuing operations to approximately HK$26,918,000, up from HK$16,231,000 in 2023. However, it also reported a consolidated loss from continuing and discontinued operations of approximately HK$7,598,000, a decrease from the previous year’s loss of HK$10,108,000. The basic and diluted loss per share improved to HK0.16 cent from HK0.22 cent in 2023. These results indicate an improvement in revenue and a reduction in losses, which may positively impact the company’s market positioning and stakeholder confidence.
51 Credit Card Inc. has issued a profit warning, indicating an expected comprehensive loss of RMB48 million to RMB68 million for the year ending December 2024, compared to a profit of RMB12 million in 2023. The anticipated loss is attributed to increased R&D expenses and operating costs in the Vala vehicle business, alongside a downsizing of the credit facilitation business, which has impacted net profits. The final annual results are pending and will be published by late March 2025.
51 Credit Card Inc. has announced an upcoming board meeting scheduled for March 31, 2025, where the board will discuss and approve the company’s final results for the year ending December 31, 2024, and consider a final dividend recommendation. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.